Cloud vs. On-Premise Infor CPQ: Key Differences, Risks, and Benefits

Cloud vs. On-Premise Infor CPQ: Key Differences, Risks, and Benefits

Cloud CPQ, On-premise CPQ, Infor CPQ, CPQ deployment, CPQ hosting options, Cloud vs on-premise CPQ, CPQ integration, Infor CloudSuite CPQ, CPQ security, CPQ cost comparison

What's the difference between On-Premise and Cloud?

There are many factors that drive whether companies choose to use a cloud infrastructure or to stick with their trusted on-premise solution, and every company is different.

Before comparing which platform to consider hosting your Infor configure price quote (CPQ) solution on, lets define what Cloud and On-Premise specifically mean for CPQ.

On-Premise CPQ solution:

An Infor CPQ solution, or any solution that is hosted on-premise will reside on a single tenant, in-house server. Companies must purchase a license and are responsible for maintaining and managing the solution. Organizations with this type of solution will see a high initial cost, but, receive sole ownership of the software and data collected.

The deployment of on-premise CPQ software is internal to an enterprise’s IT infrastructure, giving the owner full responsibility over the security of the software. Sufficient expertise and staffing is required to maintain operation and security.

Cloud CPQ Solution:

Infor Cloud CPQ is hosted by Infor on the Amazon Web Services (AWS) Server. A cloud-based server is multi-tenant, meaning there are multiple companies’ software and data currently hosted on that virtual server. 

Organizations with cloud environments are provided regular updates but have minimal ability to modify the environment. Although cloud CPQ has limited customization available, organizations can change account access and permissions for users based on their status within the company.

Additionally, cloud CPQ data is collected on the server which the provider has access to. Even if the host has no intention of looking at the data, this can pose a security risk to companies with highly sensitive information. Like the medical and finance industry, for example.

On the other hand, an organization may find more security from being hosted in a cloud environment because they trust the provider and do not have the resources to manage and run security.

Which is best for you?

There are numerous fundamental differences between an on-premise and cloud hosted environment.  In your case, security, deployment, cost, and control are the key differences that should drive your decision between on-premise and cloud. Which environment is the correct one for you depends entirely on what you need from your CPQ software.

Security

On-Premise: With an Infor CPQ on-premise solution security is solely up to you. Hosting environments in-house does not mean you’re safer from attacks. Attempted targeted ransomware attacks still happen often, making it crucial that you always have security measures in place and preform regular backups. If you don’t have the resources to do this, cloud may be a better option for you.

Cloud: With an Infor CloudSuite Configure Price Quote Solution, Amazon and Infor will be responsible for security on the server. While cloud breaches remain a large concern for IT departments across the planet, it’s important to note that Amazon's severs are focused on the security of user’s information.

Deployment

On-Premise: Infor CPQ is deployed in-house, on a single tenant server, within your enterprise’s IT infrastructure. This method could be better for you if you want direct access to your Infor Configure Price Quote solution.

Cloud: CloudSuite Infor CPQ is hosted on a multi-tenant Infor Server, that users can access at any point. This deployment method would be ideal if you do not have resources to maintain the environment. Also, hosting Infor CPQ from a virtual server can be useful for companies with external dealers and salespeople because cloud has limited views. Meaning, users that have access to your CPQ solution will not have direct access to your ERP.

Control

On-Premise: You will maintain full control of the solution. On-premise relies on direct data via SQL and interfaces for local applications. On-Premise may be the right choice if you want to stay highly involved with the software and add customization, well outside of CPQ’s usual functionality.

Cloud: You still design your configurations in design-studio, but have limited control. The cloud version of Infor CPQ provides built in webservice rules that connect to other cloud APIs.

Cost

On-Premise: Users expect a high initial cost with this method with lower reoccurring costs. On-premise Infor CPQ might be better if your organization is dedicated to using the solution for a long time and has the necessary resources to implement and support it.

Cloud: There is a lower barrier to entry, with a much smaller initial cost. Instead, you would be a subscription fee to Infor each month you want to use the software.

Infor CPQ Integration Options

There are three options for integrating Infor CPQ into your ERP system. Currently, the most popular is an on-premise CPQ solution, integrated with an on-premise ERP. For Example, a manufacturer who is already using on-premise Infor CSI (Syteline) ERP can seamlessly implement an on-premise Infor Configure Price Quote solution.

The second most popular option is the integration of cloud CPQ with a cloud ERP. As a result, infrastructure is easily scaled up or down and systems are seamlessly updated.

Lastly, there is an emerging Hybrid option. You do not need to have a Cloud ERP system to integrate Cloud CPQ. Instead, a hybrid solution is one where cloud CPQ integrates with an on-premise ERP. This is useful because you get the benefits of a Cloud CPQ solution, while keeping your ERP system in-house.

Infor CloudSuite CPQ at RenaissanceTech

Regardless of whether you're new to the configure price quote world or a seasoned professional, it's important that you get the most value from your solution. You need a CPQ solution that is designed for you.

RenaissanceTech has over 200 successful CPQ implementations and is the only Infor CPQ specific channel partner. The founders of RenaissanceTech worked on the initial development of the infor CPQ solution. If you want to work with the experts in CPQ implementation, servicing, and support, contact RenaissanceTech today.

Infor Equips ANSCHÜTZ with Product Configurator by Infor

Munich, Bavaria, Germany, 2019/03/13- Infor, a global leader in business cloud software for Enterprise and SMB companies, today announced it is supporting J. G. ANSCHÜTZ GmbH & Co. KG by renewing its IT infrastructure. The family-owned company from Ulm (located in the German state of Baden-Württemberg), a renowned manufacturer of sports and hunting rifles, will introduce the Infor CPQ product configurator to strengthen its foreign sales business. In addition, the old enterprise resource planning (ERP) system will be replaced by the new Infor LN solution and the Infor OS technology platform. By undertaking this project, ANSCHÜTZ intends to meet the increasing challenges of the digitization age as well as the growing demands of its customers.

Founded in 1856 in Zella-Mehlis, Thuringia, ANSCHÜTZ has made a name for itself mainly in the world of sports: More than 97 percent of all professional biathletes use the manufacturer's rifles and appreciate the workmanship and precision of ANSCHÜTZ products. The business is thus strongly geared to international markets.

To comply with national and international legal regulations and, at the same time, organize sales in a profitable manner, efficient IT is indispensable. Recent years have also shown a clear trend towards individualization and personalization of products, which is forcing suppliers to differentiate their portfolios.

To meet these requirements, ANSCHÜTZ decided to roll out new technology. Among other things, the company was looking for connection options to an existing, external web shop for middlemen in the United States. Infor convinced the management of another approach: after a thorough review, ANSCHÜTZ decided to seek direct contact with resellers instead by leveraging Infor Configure Price Quote (CPQ).

Infor CPQ gives companies the ability to customize their configuration and quote generation. This allows the CPQ process to be tailored to the needs of sales channels, distributors, or end users. The solution offers document automation (automatic creation of quotation documents or functional descriptions) and 2D/3D automation (including integration of the design).

The ANSCHÜTZ implementation project will be followed by an upgrade from the previously used Infor ERP system to Infor LN, which is specifically designed to meet the requirements of manufacturers. In addition, the Infor OS (formerly Infor Xi) technology platform, which includes the Infor ION open network middleware and the Infor Ming.le™ social collaboration platform, will ensure that other software and/or other companies, such as those in the supply chain, can be connected smoothly.

“Globalization and digitalization have been challenging our business model,” says Jochen Anschütz, CEO, ANSCHÜTZ. “If you want to be competitive, there is no way around efficient IT. Thanks to Infor CPQ, we will be able to deepen our relationships with local wholesalers, especially in North America. This will strengthen our sales activities tremendously.”

“Consumers are increasingly demanding highly personalised products. Manufacturers can only offer these if they use the appropriate software to deal with complex manufacturing requirements,” says Jörg Jung, managing director Central and East Europe, Infor. “This can only be done with software that is tailored to companies’ industry-specific needs. ANSCHÜTZ shows there is a great need for such solutions and that our approach at Infor is the right one.”

About the J.G. ANSCHÜTZ GmbH & Co. KG
The J.G. ANSCHÜTZ GmbH & Co. KG, Ulm, is one of the leading producers in the world of high-performance hunting and target rifles. The family-owned company was founded in 1856 by Julius Gottfried Anschütz in Zella-Mehlis, Thuringia. After world war II, the company was re-established in Ulm. ANSCHÜTZ stands for innovation and perfection. The name ANSCHÜTZ is inseparably connected with innumerable Olympic, international and national shooting triumphs. Thanks to the pioneering efforts in biathlon, more than 97 percent of all biathletes are shooting with ANSCHÜTZ products.

ANSCHÜTZ is successfully operating all over the world. The export share is approximately 60percent. Beside the traditional production of hunting and target rifles, ANSCHÜTZ is investing increasingly in the newest machining technologies. The ANSCHÜTZ high-performance products enjoy an extraordinary worldwide reputation because of their precision, workmanship, and accuracy. Since its foundation, the company has always been owned by the Anschütz family.


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Pair the best ERP and CPQ software with the best service provider.

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Are you ready to collaborate with your customers on product design?

Are you ready to collaborate with your customers on product design?

Infor | Aug. 28th 2018

In its 2018 predictions, analyst firm IDC prognosticated the following will happen by 2019:

50% of manufacturers will be collaborating directly with customers and consumers regarding new and improved product designs through cloud-based crowd-sourcing, virtual reality, and product virtualization, realizing up to 25% improvement in product success rates. (This is prediction #5 in the IndustryWeek article discussing IDC’s Top 10 predictions.)

2018 is well over halfway through. Do you feel like you are—or will be—among the 50% of manufacturers who can collaborate successfully with customers for product design and development? The thought of trying to manage this collaboration via scanned documents, spreadsheets, and multiple meetings seems overwhelming. Modern technology can help you get the efficiency and quality control you need to make customer collaboration faster and easier for everyone involved.

  1. Configure price quote software helps your sales people know exactly what options are available, and makes it easier for them to facilitate a customer conversation to build exactly the product they are looking for.
  2. Cloud-based enterprise resource planning (ERP) software provides the flexibility you need to automate new business processes or quickly adjust them if they aren’t working well.
  3. Integrated document management and social collaboration tools combine employee communications with business processes, efficiently bringing information from your external customers and internal organization together.

Collaborating with customers on product design opens a whole new level of complexity in your operations. Figure out how to accommodate this new way of doing business today and position yourself not only as the vendor that makes the products your customers use, but as the partner in your customers’ success.

 

Pair the best ERP and CPQ software with the best service provider.

Renaissancetech is an infor channel partner.

View the original article.

Competitive threats and how to protect yourself

Is it getting hot in here?

The pace of change in manufacturing today is staggering. New markets emerge, seemingly, overnight. Micro industries and niche applications can light up the forecasts–then disappear—in a blink, leaving you with shelves of obsolete inventory. Trends come and go. Technology needs to be continually refreshed, and yesterday’s projections are ancient history before you even hit SEND on the report. But, the greatest danger of this break-neck speed of business isn’t in recognizing what’s ahead; It’s seeing who is sneaking up from behind.

Impact of speed

Today, fast-gaining competitive threats can blindside you. Start-ups can swoop in claiming market share and stealing customers before you even recognize them as a threat. Thanks to crowd funding, angel investors, global logistics, and e-commerce, new companies can set-up in a garage and ship world-wide within a fraction of the time business launches once took. Innovative technologies accelerate the competition’s launch-rate even further. Tech-savvy entrants to the market can use Virtual Reality to visualize prototypes, 3D printing to create personalized components, and digitally connected supply chains and logistics companies to ship products—same day.

Why is competition heating up?

Low-cost threats. Competition is increasing and becoming more challenging to fend off. Today’s global economy means that competitors from around the world now can become viable threats. Competitors from emerging nations often come to the table with pricing advantages, including a workforce accustomed to lower wages, fewer safety mandates, and minimal workforce conditions and benefits. These influences can bring overhead costs down and allow the manufacturer to flood the market with low-cost goods, bringing prices down across the industry.

Brand knock-offs. Some countries are also known for their lax views on rights to proprietary concepts, patents, and copywrite materials, turning a blind eye to companies making knock-offs and brand-name forgeries. These issues all lead to increased competitive threats

Prestige products. It’s not the just low-end of the pricing spectrum that is changing competition. In some industries, a demand for high quality, customization, healthy or socially-conscious goods has brought boutique suppliers into the competitive mix. Craft beers, personalized fashions, organically grown protein substitutes are among the offerings. Even if the price is higher and the product is only available through exclusive channels, highly passionate consumers seems willing to support their convictions with their wallet.

Transparency. Merchandise that supports special causes or reflects a view are among the wave of high-end options today’s consumers seek. Led by millennials, socially conscientious consumers are often demanding products with political and ethical transparency and are willing to spend extra for “special interest” niche products. That means more pop-up competitors vying for the available dollars.

Servitization. The Manufacturers of goods are not your only threat. With the growth of IoT technologies, servitization is a growing trend substantially changing the competitive landscape. Now, instead of selling competing products, your competition may be offering outcome-based services that achieve the desired end results. In this case you need to compete against value-added concepts, much harder to do.

What can you do?

With threats popping up from emerging players—as well as mature contenders who experience a revitalization of new technology, maintaining market share can be difficult. You must be vigilant and ready to respond. Just as technology helps the new contenders step up their game, it also can help you identify early warning signs of eroding market penetration. Fortunately, there are also corresponding tactics you can deploy to boost your competitive edge.

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Creating a Competitive Edge through Service- Manufacturing Matters

Technology supports enhanced customer centricity

Value-add programs are more important than ever as tools to overcome increased competition. Empowered by technology, new entrants into the market, as well as established veterans, are putting pressure on manufacturers to examine their mix of product offerings and services. Unless they want to risk commoditization of products or eroding market share, manufacturers must find ways to stand apart from their competitors. Enhancing the customer experience, from order entry to after-market service, is one of the most effective ways to build relationships that are resilient to aggressive competitors.

Even in business-to-business (B2B) industries, the customer expects timely, responsive service. Consumers have become accustomed to technology which recommends purchases and suggests related products often bought together, such as bulbs for a lamp, or an installation kit for a new dishwasher. Customers expect the same type of omniscient ability to sense and advise to carry over to the business world. Fast turn-around times, personalized products, attentive sales people, excellent credit terms, error-free deliveries, and responsive customer service and field service are other mandatory table-stakes. Manufacturers who disappoint in any one of these categories are likely to be replaced—and soon.

With so much at stake, a manufacturer must strive to further enhance service offerings and go above and beyond the typical array of features. Technology often provides the added boost or distinctive edge that will make all the difference. Here are several examples of solutions which will help you create customer intimacy and enhanced field service.

Configure, Price, Quote. A CPQ solution helps the manufacturer offer customized products to customers. The solution guides the user through selections, based on pre-configured options, automatically creating a quote and CAD drawing of the configured product. This tool saves time for the manufacturer, reducing engineering time, and allows the customer to order specialized products.

Customer Relationship Management (CRM) solutions. Having an advanced CRM solution is important today for managing accounts, promotions, expected purchases, as-serviced history, and the account’s purchasing and billing details. A modern solution helps you anticipate needs and be proactive in building relationships.

Customer service desk. Connectivity across the organization makes it easier for customer service representatives to answer questions and access real-time status of parts inventory, technician schedules, warranty and service agreements, as well as dispatch of service crews. The customer service team can quickly and accurately answer questions for customers about orders, billing, and service requests. Visibility is the key.

Warranties and service agreements. These tools are important service offering for customers. In order to manage the program, you need advanced service solutions which can help you track extended and multi-tier warranties, ensuring that the proper billing. Service agreements can also be a major form of revenue, as long as they are well managed, highly productive and efficiently leverage parts and labor.

Technician scheduling. Getting the right technician to the right place at the right time, with the right parts and tools is essential. With advanced dispatch tools, the process can be simplified, increasing productivity of service fleets and ensuring faster response to customer.

Inventory of spare parts. Improved visibility throughout the value chain will help manufacturers ensure they have access to spare parts for their customers’ products when and where they are needed. Visibility into the supply chain readiness will also help manufacturers understand the necessary back-up stock requirements and minimize inventory of costly parts.

Forecast service and parts demand. Visibility into customer purchase history, including details of models and any special configurations, will help the service operation predict parts, revenue, and staffing requirements, by region. This forecasting will help manufacturers by ready with resources, even when spikes in demand occur.

3D printing of parts. If rare parts aren’t available, the manufacturer may be able to employ 3D printing to create the part in a timelier and more cost-effective way than a special order from a supplier that is continents away or no longer in business.

Tracking fleet vehicles. Sensors embedded on service vans will help dispatchers track location of vans so they can route or reroute technicians as needed to answer emergency service calls. Tracking van location also helps monitor technician productivity and accurate billing of customers.

Internet of Things. Machinery and equipment can be embedded with smart sensors to generate data about location, environmental conditions, or performance. Smart sensors can be used to monitor and alert the service organization of early warning signs of equipment failure. Automated responses can be triggered, such as dispatching a technician or reserving a replacement part in inventory. The sensor-generated data can also be used to track the lifespan of the product, determine when calibration or preventive maintenance is required.

Proper product operation. There are times when product operation needs to be monitored to ensure safety and environmental regulations are being met. Or, improper practices, like dismantling safety warnings, may void the manufacturer’s warranty. Sensors can help technicians monitor that the equipment and machinery is being operated within recommendations.

Mobility and remote connectivity. Field technicians need remote access to data, such as inventory of parts and status of warranties. Mobile solutions give technicians the data they need to make well-informed decisions in the field, including the ability to sell replacements units.

Virtual Reality. Virtual environments can be used to help train technicians on complex machinery, especially when the machinery is remote or in a dangerous location.

Wearables and video. Video-enabled connectivity can help the field technician communicate and sahe video with a senior technician or design engineer at headquarters to obtain guidance. Wearables can also give technicians hands-free access to the system. Drones, robotics, and AI-enabled assistants are other ways the digital service operation may use technology to enhance service.

Service data as an offering. Data collected from products related to optimal performance and maintenance can be aggregated and packaged into insights customers will find valuable. The insights can be offered as value-add feature to build relationships or can be monetized to create added revenue streams.

Actionable advice
If you manufacture products which require maintenance or service, now is the time to review your IT solutions and consider how you can deploy digital technologies to gain an important competitive edge. The highly efficient service operation offers an important way to become well-aligned with the customer and a chance to build greater loyalty. Technology can help you increase your operational abilities, while adding the advanced value-add features customers expect.